But the one you are suspecting is owned by a way larger company that isn't likely to sell. That company also has many rumored shell companies.Check who is dropping prices around 50% all of a sudden. Maybe companies giving 1GB or 2GB in 20 dollars give or take, yearly plans.
I have 1 suspect....
Based on what Root Level is doing and pace they are doing it at, I am pretty certain they already have other low end companies they've bought and the ink on the contract is drying.my suspect is a smaller host... not very old
When Rus Foster used to feast on the budget market there was many brands that built with the sole purpose of selling out to him. HazeNET and a whole ton of them that he bought were all like that. They got a little bit of cash from sales, pushed stupid cheap deals for a few months then sold to Rus and made a few grand for being a 'sales rep'.@jcaleb why are you surprised? The owners get some millions $$$ (or whatever the amount is), then retire and go to live on some carribean island.
Many companies / startup are created with the sole idea to be sold later.
I don't know the US market enough but I don't see how new small companies with one or a few thousands of clients with a low ARPU can be bought for large amount of money.When Rus Foster used to feast on the budget market there was many brands that built with the sole purpose of selling out to him. HazeNET and a whole ton of them that he bought were all like that. They got a little bit of cash from sales, pushed stupid cheap deals for a few months then sold to Rus and made a few grand for being a 'sales rep'.
I've never heard of such heavy handed legalese being tolerated. Sends signal to me that they are acquiring companies that are struggling to exist and that have/had minimal income.Unfortunately he is unable to tell me anything about the sale due to an NDA that was involved during the acquisition of Semoweb.
06-10-2013, 12:11 PM
Join Date: Sep 2010
Location: Houston, TX
Have you ever thought about selling your company?
Have you ever considered selling your company? Every day I speak with several company owners who have never considered selling their companies until the discussion. At Root Level Technology we have three priorities, Great customer support, Excellent Products, and treating every customer like family. There are plenty of people out there who claim that they will purchase your company and make it something even better, and I assure you unlike 99% of other companies, we fulfill our promises. Root Level Technology believes in running transparent operations, there is no smoke and mirrors like several of the other companies.
Root Level Technology is in more than 20+ locations World wide, 4 Continents, and is proud to host more than 20,000 members. Based in Houston, Texas we have a firm belief that every customer is important and should be treated like family.
Currently our price range that we are looking to acquire business' is between $15,000-$10,000,000. We would love to earn your trust and speak with you. I personally invite you to call me any time to speak about your company. If you'd like you can even come down and meet with our team in person and go to lunch.
I look forward to speaking with you and feel free to email me: Randal (A) root level tech.com or contact us through our website www.RootLevelTech.com.
RootLevelTechnology, LLC, Randal @ RootLevelTech.com
Actively searching for new brands to acquire!
I Agree, as it they are trying to be sort of 'stealthy' in "acquiring" Brands/Companies. I do not agree with no reaching out the customers to inform them of the sale, as I think customers should be one of the 1st to know. But I guess we will see how far they get.I don't agree with Root's strategy to this point. It seems to be silent about the acquisitions and just run them as-is with existing customers. There doesn't seem to be any outreach, brand building, etc.